Operating Income for Devon Energy (DVN)
According to Devon Energy's latest reported financial statements, the company's current operating income (TTM) is $3.29B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
DVN
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$3.29B
YoY change
+0.1%
5Y CAGR
N/A
Peak year (2022)
$8.58B
Cumulative operating income
$61.71B
Operating Income history chart for Devon Energy (DVN) from 1987 to 2025
Operating Income history table for Devon Energy (DVN) from 1987 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $3.77B | +0.1% | ||
| 2024 | $3.77B | -21.3% | ||
| 2023 | $4.79B | -44.1% | ||
| 2022 | $8.58B | +78.0% | ||
| 2021 | $4.82B | -916.6% | ||
| 2020 | -$590.00M | -192.9% | ||
| 2019 | $635.00M | -38.6% | ||
| 2018 | $1.03B | +54.0% | ||
| 2017 | $672.00M | +8300.0% | ||
| 2016 | $8.00M | -100.2% | ||
| 2015 | -$5.17B | -242.3% | ||
| 2014 | $3.64B | +30.1% | ||
| 2013 | $2.79B | +91.1% | ||
| 2012 | $1.46B | -60.0% | ||
| 2011 | $3.66B | +17.3% | ||
| 2010 | $3.12B | -167.3% | ||
| 2009 | -$4.63B | -175.3% | ||
| 2008 | $6.15B | +35.9% | ||
| 2007 | $4.52B | +1.4% | ||
| 2006 | $4.46B | -13.4% | ||
| 2005 | $5.15B | +37.3% | ||
| 2004 | $3.75B | +34.4% | ||
| 2003 | $2.79B | +664.1% | ||
| 2002 | $365.00M | +20.1% | ||
| 2001 | $304.00M | -76.5% | ||
| 2000 | $1.30B | +543.6% | ||
| 1999 | $201.40M | +146.2% | ||
| 1998 | $81.80M | -37.7% | ||
| 1997 | $131.30M | +93.7% | ||
| 1996 | $67.80M | +107.3% | ||
| 1995 | $32.70M | +21.6% | ||
| 1994 | $26.90M | -8.8% | ||
| 1993 | $29.50M | +52.8% | ||
| 1992 | $19.30M | -193.2% | ||
| 1991 | -$20.70M | -540.4% | ||
| 1990 | $4.70M | +327.3% | ||
| 1989 | $1.10M | -178.6% | ||
| 1988 | -$1.40M | -17.6% | ||
| 1987 | -$1.70M | — |
Operating Income values are taken from Devon Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Devon Energy (DVN) operating income totalled $3.77B – edged up 0.1% year-over-year.
Devon Energy operating income plunged from $8.58B in 2022 to $3.77B in 2025, a 56.0% drawdown.
The dataset's maximum operating income sits at $8.58B (2022); the minimum reading of -$5.17B dates to 2015.
Among 8 Energy peers, Devon Energy (DVN) ranks 9th; the peer median for operating income is $9.44B.
Devon Energy Operating Income by Year
Devon Energy Operating Income 2025: $3.77B
Devon Energy operating income in 2025 was $3.77B, edged up 0.1% from 2024.
Devon Energy Operating Income 2024: $3.77B
Devon Energy operating income in 2024 was $3.77B, declined 21.3% below 2023.
Devon Energy Operating Income 2023: $4.79B
Devon Energy operating income in 2023 was $4.79B, plunged 44.1% below 2022.
Devon Energy Operating Income 2022: $8.58B
Devon Energy operating income in 2022 was $8.58B, surged 78.0% from 2021. This figure represents the highest annual value in the available history.
Devon Energy Operating Income 2021: $4.82B
Devon Energy operating income in 2021 was $4.82B.
See more financial history for Devon Energy (DVN).
Sector peers — Operating Income
Companies in the same sector as Devon Energy, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $33.94B | Energy |
| Chevron Corporation (CVX) | $16.67B | Energy |
| ConocoPhillips (COP) | $11.49B | Energy |
| Enbridge Inc. (ENB) | $10.96B | Energy |
| EOG Resources, Inc. (EOG) | $7.93B | Energy |
| SLB N.V. (SLB) | $5.46B | Energy |
| The Williams Companies, Inc. (WMB) | $4.40B | Energy |
| Valero Energy Corporation (VLO) | $4.31B | Energy |
Frequently asked questions
What is Devon Energy's operating income?
- Latest reported operating income for Devon Energy (DVN) is $3.29B (period ending December 31, 2025).
How has Devon Energy operating income changed year-over-year?
- Devon Energy (DVN) operating income changed +0.1% year-over-year on the latest annual filing.
When did Devon Energy operating income hit its highest annual value?
- Devon Energy operating income reached its highest annual value of $8.58B in 2022.
What was Devon Energy operating income in 2024?
- Devon Energy (DVN) operating income in 2024 was $3.77B.
What was Devon Energy operating income in 2025?
- Devon Energy (DVN) operating income in 2025 was $3.77B.
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